Why FastDox’s COI checks?
FastDox’s automated Conflict of Interest checks offer a robust solution for companies committed to upholding the highest standards of ethics and compliance. The convenience, efficiency, and accuracy of automated checks make them an indispensable tool for modern businesses. Invest in an automated COI check system and ensure that your company stands as a beacon of integrity in the business world.
Key Features & Benefits
Streamlining the Process Manual COI checks can be a tedious, error-prone process. Sorting through numerous paper files, documents, and emails can be time-consuming. Automated checks streamline this process by instantly scanning through records and alerting you to potential conflicts. With FastDox, you can automate a comprehensive review that would have otherwise taken days or weeks to complete manually.
Enhanced Accuracy The risk of human error in manual checks is significantly higher than with automated systems. Missed connections or overlooked details can result in undetected conflicts that might lead to legal repercussions and tarnished reputations. Automated COI checks are designed to be meticulous, scanning every data point with high precision, thereby ensuring greater accuracy.
Real-Time Updates The dynamic nature of today’s business environment means that potential conflicts can arise at any time. Automated COI checks offer the benefit of real-time updates, which can be particularly useful for organisations that engage in frequent transactions or experience frequent changes in staff or clients.
Cross-Referencing Made Simple Automated systems don't just scan internal databases; they can be configured to check external sources and databases as well. This feature can be invaluable in identifying undisclosed relationships or affiliations, providing a 360-degree view of all interactions that might be of concern.
Regulatory Compliance With governments and industry bodies continuously updating compliance requirements, keeping up-to-date can be a challenging task. Our automated COI systems are built to adapt to new regulatory standards, ensuring that you're always in compliance. This not only helps in avoiding fines and legal issues but also instils confidence among stakeholders and clients.
Detailed Reporting and Audits A significant benefit of automated checks is the ability to generate detailed reports and audit trails. These can be customised to display only the most relevant data, making it easier to analyse results and implement corrective action where necessary. Additionally, these reports serve as a valuable tool during internal or external audits.
Cost-Effective The time and resources saved can be allocated to more productive tasks, directly contributing to your company’s bottom line.
Customisation Automated COI checks can be tailored to suit the unique requirements of your business. Whether you're a small startup or a global corporation, the system can be adjusted to focus on the areas most relevant to your operational structure and industry.
FastDox all-in-one platform
Our all-in-one platform combines the power of 20 products into one customisable and brandable system. We have helped businesses consolidate multiple cumbersome existing individual products into one centralised and succinct solution whilst streamlining processes, improving efficiency, reducing costs, and increasing conversions
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“Clients have found Fastdox easy to use and engaging, as can be seen from our 87% take up rate, which far exceeded our expectations.
The support we have had from Fastdox in tailoring the product to our requirements has been first class and the on-going support excellent.
We are delighted with the Fastdox product and have no hesitation in recommending it to any other insolvency practice looking to implement a client portal.”
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“I can't say enough great things about FastDox. They know their stuff and are extremely friendly and easy to work with. As a Claim’s Management Company, we rely on getting documents back quick to keep our customers engaged and retained. FastDox has helped us do more business in less time.”
“The diversity and flexibility of FastDox has enabled us to request an unlimited amount of documents from clients including those to be signed, uploaded and verified, the simplicity of the user interface has helped immensely with the return of key documentation.”
"Great customer service and will always respond to queries quickly, FastDox have gone above and beyond in helping us becoming digitally streamlined."
"FastDox's rich data and API integrations are helping us develop a seamless onboarding journey. This will reduce friction for customers and enable proactive management of their accounts. Excellent system which is incredibly feature rich!"
"We love FastDox, they provide great resources for Trustees. FastDox has added value across our entire Business and has helped reduce our cost of acquisition."
"FastDox is simple for clients to use and simple for our staff to use. It has an incredibly intuitive user interface, which makes it quick to send and receive documents from clients and complete KYC checks. Not only do our staff love it but so do our clients!"
"FastDox has helped us become super-efficient and always at hand to help assist with our requests. The feedback from our customers has been great and they love the easy to use platform."
"FastDox is an innovative product and a great Company to do business with, they are very easy to work with and always take a very personable approach with training, planning and configuration requirements. The team has worked closely with our own internal IT team to ensure the system connects seamlessly with our existing CRM and processes."
"FastDox are a great Company to work with and provide excellent service. The tools FastDox have provided has revolutionized our lead engagement and boosted conversions without increasing our marketing spend."
"FastDox's slick interface and extensive onboarding features have allowed us to scale our targeted approach to customer acquisition, which has been really powerful because it's increased the frequency of campaigns while decreasing the cost of acquisition significantly."
We Get Things Done
Waiting for documents to be returned puts a huge strain on your productivity. With FastDox
82% of SMS received are actioned and completed within 20 minutes.
FastDox’s all-encompassing customer onboarding platform drives efficiency by ensuring all documents are returned and completed in record time. We believe there are no limits to success. Only admin. We want your staff to be focused on driving profit and improving your business performance not shuffling papers and playing telephone tennis. FastDox breaks the chain of endless amounts of phone calls, document chasing and email answering by automating tedious and time-consuming admin tasks.
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